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Fiat Chrysler is not selling its Alfa Romeo brand, affirmed chief executive Sergio Marchionne. Marchionne, however, said that he is open to alliances with other carmakers if it would result...
by - August 3, 2014
Tesla Motors Inc. posted $61.9 million in net loss in the second quarter of 2014, more than doubled the $30.4 million loss it logged in the same period in 2013....
by - August 3, 2014
Toyota Motor Sales saw its sales hike 12 percent in July to 215,802 vehicles, thanks to core models logging significant gains. Toyota outpaced the auto industry in July, the latter...
by - August 3, 2014
Lexus dominated sales in the luxury vehicle market in the United States in July, topping Mercedes-Benz and BMW for the first time since August 2013. Lexus logged a 19-percent surge...
by - August 3, 2014
Tesla Motors Inc. and Panasonic Corp. have reached an agreement to collaborate on the construction and operation of company’s gigafactory in the United States. Under the plan, Tesla will provide...
by - August 2, 2014
Daimler has struck a deal with labor representatives allowing it to divest some company-owned Mercedes-Benz dealerships in Germany as the carmaker bids to revamp its sales network in its home...
by - August 2, 2014
Volkswagen's decision to add extra production shifts in Germany for the Golf hatchback is not only attributable to strong demand, but also to problems adjusting to its new MQB platform,...
by - August 2, 2014
Mazda Motor Corp. and Fuji Heavy Industries Ltd. both said they are on pace to achieve record profits for the year ending March 2015. This comes as both carmaker posted...
by - August 2, 2014
The chief executive of German luxury carmaker Audi -- Rupert Stadler -- will initiate a drive to increase efficiency while reducing costs on all operating levels, a senior company source...
by - August 2, 2014
Fiat posted a drop in earnings before interest and taxes (EBIT), including special items in the second quarter of 2014 to EUR961 million as weak results in Latin and North...
by - August 1, 2014
PSA/Peugeot-Citroen managed to cut its net loss in the first half of 2014 to EUR114 million ($153 million) from EUR471 million in the same period in 2013. The French carmaker...
by - August 1, 2014
We already know that Toyota is shifting its focus from long-range battery EVs to fuel cell vehicles but it appears that things are getting more interesting. BMW will borrow Toyota’s...
by - August 1, 2014
Back in June, we revealed you exclusively the all-new Porsche 911 (991) GT3 RS, but today CarMagazine released new patent photos with the upcoming German sports car. Comparing it with...
by - August 1, 2014
Around 32 percent of the 2,000 licensed drivers surveyed by Insurance.com would be willing not to drive anymore once self-driving vehicles are available. Around 22 percent said they would be...
by - August 1, 2014
A 47.6 million euros ($63.7 million USD) 1962 Ferrari 250 GTO is currently for sale on the well-known German website mobile.de. The bad news is that Ferrari expert Marcel Massini...
by - August 1, 2014
In order to boost its sales, Mercedes-Benz is planning a new range of AMG Sport models what will be slotted beneath its well-known AMG vehicles. The new vehicles will take...
by - August 1, 2014
In an attempt to steal some sales from the Nissan Juke, Hyundai will roll out a subcompact crossover. Set to hit the dealerships by 2017, the new vehicle will follow...
by - August 1, 2014
Audi announced that the front-wheel-drive 2015 Q3 will start at $32,500 in the United States, excluding the $925 destination charge. If you want the model fitted with the Quattro all-wheel-drive...
by - August 1, 2014
Something is wrong at Volkswagen as Michael Macht a.k.a. the man who oversaw the introduction of the company’s new MQB modular platform is stepping down with effect from August 1,...
by - August 1, 2014
Honda Motor Co. posted a 7-percent jump in operating profit in the first quarter ended June 30, 2014 to JPY198 billion ($1.94 billion). The carmaker posted a 20-percent rise in...
by - July 31, 2014
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